Papua New Guinea (PNG) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Argentina Trade: In 2022, Papua New Guinea exported $62.8k to Argentina. The main products that Papua New Guinea exported to Argentina were Vanilla ($54.4k) and Coffee ($8.34k). Over the past 5 years the exports of Papua New Guinea to Argentina have decreased at an annualized rate of 7.01%, from $90.3k in 2017 to $62.8k in 2022.

In 2022, Papua New Guinea did not export any services to Argentina.

Argentina-Papua New Guinea Trade: In 2022, Argentina exported $290k to Papua New Guinea. The main products that Argentina exported to Papua New Guinea were N/A. Over the past 5 years the exports of Argentina to Papua New Guinea have increased at an annualized rate of 35.6%, from $25.4k in 2017 to $290k in 2022.

In 2022, Argentina did not export any services to Papua New Guinea.

Comparison: In 2022, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $62.8k to Argentina. The main products exported from Papua New Guinea to Argentina were Vanilla ($54.4k) and Coffee ($8.34k). During the last 5 years the exports of Papua New Guinea to Argentina have decreased at an annualized rate of 7.01%, from $90.3k in 2017 to $62.8k in 2022.

In 2016, Argentina exported $290k to Papua New Guinea. There were not main exports from Argentina to Papua New Guinea in 2016. During the last 5 years the exports of Argentina to Papua New Guinea have increased at an annualized rate of 35.6%, from $25.4k in 2021 to $290k in 2016.

Exports from Papua New Guinea () to Argentina () (2022)

Exports from Argentina () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Argentina ()

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Argentina
Top DestinationBrazil$12.6B

This map shows whether countries import more from Papua New Guinea or Argentina. Each country is colored based on the difference in imports they receive from Papua New Guinea and Argentina or the difference in the growth in imports.

In 2022, countries that imported more from Papua New Guinea than Argentina included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).

In 2022, countries that imported more from Argentina than Papua New Guinea included Brazil ($12.6B), United States ($6.99B), and Chile ($5.11B).

Difference in imports from Argentina () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Papua New Guinea and Argentina by product, considering products traded by both, Papua New Guinea and Argentina.

During 2022, Papua New Guinea had a large net trade with Argentina in the exports of Vegetable Products ($62.8k).

During 2016, Argentina had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Argentina+$7.08kPetroleum Gas

Top Product Potential Argentina Papua New Guinea+$3.59kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Argentina. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Papua New Guinea.

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Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Argentina () (2022)

Exports from Argentina () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Argentina ()

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Argentina () (2022)

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